I agree, dividends aren't that useful at all if the SP drops the same percentage as the dividend and doesn't recover due to the falling iron ore price. Of course there are tax benefits but to most investors who don't have a lot invested in FEX it doesn't benefit you a great deal.
Ann: Dividend/Distribution - FEX, page-27
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Last
29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $201.4M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 28.0¢ | $139.0K | 488.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 243669 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 320181 | 15 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
28.8¢ |
Change
0.010 ( 1.77 %) |
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| Open | High | Low | Volume | ||
| 28.3¢ | 28.8¢ | 28.0¢ | 152817 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| FEX (ASX) Chart |